Many people believe professional-level sports bettors win at least 60% of their bets. It’s understandable that individuals believe that, but it’s just not true. The truth is, the difference between the number of bets won by successful sports bettors as well as the percentage of bets won by losers is comparatively really small.
Anybody can expect to win fifty percent. In the end, the sole thing required is to flip a coin and pick a side. The bookmakers’ profit comes from the real difference between what a bettor must risk and what a bettor expects to win. Every time a player wins, the bookmaker withholds a little more than 9 percent of the winnings ($1 for every $11 risked). Therefore, a bettor winning only half his bets will ultimately go broke.
Professional sports bettors, by comparison, rarely sustain a long term winning percentage higher than 57 or 58 percent, and it is often as little as 54 or 55 percent. People discover that challenging to believe, and they understandably get much more skeptical when told that, for an authentic professional-level sports bettor, a long-term winning expectation of 60% or maybe more is in fact too high.
The measure of success of a sports handicapper is just not his portion of winning bets, although the relative amount of profit he made over any given time frame.
Spread betting is a great way of betting, particularly for sports fans and bettors – irrespective of how unequal a sporting contest is you may still enjoy a bet – with the opportunity betting from the very first minute right through to the very end. Not only can you bet right through any sporting event you can change your brain, and trusted online casino adjust your bets at any time! The best way to explain the principle is firstly to use whole number examples(many punters are baffled when they see fractions of goals or similar when first looking at spread betting – how can there be 2.3 goals?(we’re going to explain later).
Lets choose cricket, or any sport where runs are made. The spread betting companies may decide that a batsman should make about 30 runs. They would therefore offer a spread of say 29 – 31. If you feel that batsman would score more than that you would BUY, if you did not rate the batsman and thought he would score less you would SELL. (You would keep your stakes low in this particular market as a result of volatility. )